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841  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: May 23, 2016, 01:00:26 PM
Yes of course it is a matter, if price drop to $1 I will cry like a baby  Grin

You will surely cry for sometime but after that you will start collecting as much coins possible, as if it falls it will rise again in future, we need to think positive.

Majority of people will quit bitcoin if price falls that low, only the true followers of bitcoin will have faith in it, and if it falls that low it has potential to rise again.
I don't think so, the correct word is majority of the people will buy bitcoins is the price is low, but I don't think it will go back to that low again as you can see the stable rise of the price.
The whales are probably waiting for the price to go down that low because they know that the price will be going back up, they can manipulate the price if they want as long as they can attract some actions for the whales too. As of the moment, I can say that the price is at its good value, we can notice that the price is consistently increasing due to the demand of the gambling industry and of the people who save for bitcoins because of the halving hype.

Yeah and price will also keep on moving up in coming days, as people are holding their coins to see the best price so they can sell and make profits, so price is a major factor in bitcoin.
842  Other / Beginners & Help / Re: Doubling Bitcoin? on: May 23, 2016, 12:57:56 PM
Still the Op is a newbie.
He created this topic in February and now it's May.

If he were active enough than his rank could be somewhere in full member, sr. member, hero member.
Please correct me If I am wrong.

Than I would be suggesting him to start sig. campaign.

But I think he is not active anymore after posting the topic.
I'll be honest, I think it was someone trying to run a second account, but ended up getting bored of it or didn't think it was worth the effort and stopped with the account.

I've tried to run a second account, but I too lost interest. It just isn't worth it, and I abandoned the account in its infancy. it simply isn't worth it, and to be honest, I'd rather have a part-time job instead of running another account. Make more money for less effort.
It is hard to double your Bitcoins now and that is because the value of Bitcoin is not rising now so it will also takes a long time when it will have a higher value and that have to change.
But it is still hard to know what will happen for sure and that is the problem.

If you really want to double your coins without taking any risk then you need to hold it for next 5 years, and that will give you more than double of your profits.
843  Bitcoin / Bitcoin Discussion / Re: Halving is a profitable??? on: May 23, 2016, 12:54:29 PM
Do you think that in this year halving is a profitable???

Yes halving is profitable if you have bitcoins before it, or if you buy after a week or two .
I mean probably in the immediately miners could sell more btc than usually and price could dump, but after this move price could rise again.

Even if the price don't move up at halving then we need to hold our coins till the end of the year as it is predicted that bitcoin will reach to $1k at the end of the year.
844  Other / Off-topic / Re: Earning a living with bitcoin? on: May 23, 2016, 12:52:30 PM
Not too much people earn enough off bitcoin trading.
Quite a few earn money via investments.. let the money work for you

I think some people make some good money with it if I'm honest its just all about that strategy you are having with trading.

Oh and the patience of course. The waiting time could be really long but it will be all worth it once the numbers change and is on the winning side for you.
That is bad with Bitcoin and that is because it is risky if you are going all in and that is bad but you have to know that it always can change.
So it is really risky what is going to happen and that is the problem with Bitcoin.

Exactly price fluctuations will never allow you to earn stable income from bitcoin, its better to have a full time job and earn bitcoin in your extra time.
845  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: May 23, 2016, 12:49:42 PM
If by some miracle it happened that BTC drop to only 1$ I would have risked 100$ and buy 100 BTC.Although there is always a chance that something like that happens, I think we are very far from it.I say it is bigger chance that BTC go to 1000$ then drop to 1$ Wink
How you can speculate now itself bitcoin will come to $1. In my opinion that has no possibilities to happen.
Once bitcoin hits $1000, it will keep on rising towards $10k price levels.

Still we don't know what would happen with bitcoin in the future but you are right also for me there is no possibility that bitcoin will go down to $1.
I hope you have a very good mouth man that bitcoin with reach to $10k soon.

$10k is not easy to achieve it will take time to reach there but bitcoin falling back to $1 is simply impossible as we will see much better price of bitcoin in future.
846  Bitcoin / Bitcoin Discussion / Re: paypal or bitcoin? on: May 23, 2016, 12:45:46 PM
Paypal is okay but I like bitcoin way more because it has a lot of nice features, you can control your own money and the fact is also that its very profitable.

Yeah nowadays Paypal still more used than Bitcoin, but it's not guaranteed that this case will continue forever. If we compare the Bitcoin's features with the Paypal inconvenients we could easily pretend that Bitcoin will be used more than Paypal worldwide soon...

You are right, paypal is still getting used by more people rather than bitcoin, since the beginning paypal is already there but if bitcoin is already
there from the beginning I think people will tend to use bitcoin rather than paypal.


It will take time for people to switch from Paypal to bitcoin, people are using Paypal since long time and the fact is majority of people are  not aware about bitcoin yet.

Yes since the adoption of it really needs a long time for people to be familiarize about its usage and how to obtain it. Most people used paypal
for a long time and it would be hard for them to switch for bitcoin but if they could understand the potential of it, maybe they will shift
immediately.

Actually the fact is Paypal is widely spread and bitcoin has not yet, as very few sites accepts bitcoin at a moment and Paypal is accepted every where.
847  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: May 23, 2016, 12:39:04 PM
for now it is still very difficult. banks have a level of security and also a producer of the dollar which is the whole community needs. other than that bitcoin is still not as popular as the dollar

I see the only one right way to make banks dissappear, to stop using it but nobody will stop using banks, i am sure about it. Also many people will say that bitcoin is useless and bla bla bla.
Bitcoin can only make banks disappear if Bitcoin is almost used by everyone and that can be nice but it wont happen that fast because you cant earn money with it.
And the bad thing is that you also have to learn people how to work with Bitcoin.

Even if people are aware about bitcoin they will prefer to use both, as they feel that their money in bank is safe and they will surely hesitate to invest money in bitcoin at initial stage.
848  Economy / Speculation / Re: End of the 2016 - BTC Price Prediction on: May 22, 2016, 08:13:25 PM
$800 maximum nothing more then that and that also if price is above $600 at the time of halving.

Yeah we can expect $600 price at the time of halving at that is seems to be realistic price and at a moment price is going up so we can expect that price at halving.
849  Economy / Speculation / Re: How long is Bitcoin life? on: May 22, 2016, 08:10:22 PM
Bicoin will be alive till we are alive no need to worry  Cheesy
850  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: May 22, 2016, 08:08:53 PM
Its impossible for bitcoin to reach that high level its doesn't hold that high potential to reach to that level so no need to wast time in thinking all that.
851  Economy / Speculation / Re: how much gonna be 1 BTC in a year? on: May 22, 2016, 08:03:52 PM
At my opinion price will be around 600-700$ so in one year will be closer to 1k. In 2 years price gonna double and i think it will be bitcoin peak. 1500$

That value seems to  be impossible to achieve in this year maximum it can achieve this value at the time of halving would be around $600.

Yeah $600 seems to be realistic value to be achieved at the time of halving as its not too high or too low and if everything goes fine than it can be achieved.
852  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: May 22, 2016, 08:01:08 PM
I am prefer gold cause nowdays it's really better and perspective than bitcoins, bitcoins can drop at anytime that will not happen with gold. So gold is my choise.

If you take halving into consideration then you need to invest in bitcoin at this stage as the price of bitcoin will be much higher in coming months.

Yeah its better to invest in bitcoin at a moment as halving will show us some higher price of bitcoin so its an good option to invest in bitcoin at this stage.


Investment in bitcoin is risky as we don't know what will be the price at halving, either it can go higher or lower so enter at your own risk.
853  Economy / Economics / Re: I'm not gonna sell any coin. on: May 22, 2016, 07:59:37 PM
Thats right hold it while you can,only 49 days left before the halving to take its place..start collecting and hold your bitcoins from now on.

Yeah we need to hold it till halving as we are expecting some higher price from halving and we need to sell when we see  higher prices.

Don't you all think any raised prices due to halving are already priced into the market price?

Price has started to go up now but its not that we are expecting from halving, as we get closer to halving we will see much higher price.

Yeah and this is not the right time to sell, just hold it for next couple of months to enjoy higher profits as it is predicted that halving will show us some good price.
854  Other / Beginners & Help / Re: Doubling Bitcoin? on: May 22, 2016, 07:56:54 PM
Sig campaigns are a good idea tbf, newbie accounts cant use some of them though.

Signature campaign is good but it cannot double your bitcoins, it will give you stable income over a period of time, if you want to double your coins then you can try for trading.
855  Other / Archival / Re: Do you have paypal account even though you have bitcoin? on: May 22, 2016, 07:53:59 PM
I still prefer to use Paypal for online shopping as I feel that Paypal is best when it comes to online shopping and bitcoin is not accepted everywhere yet.
856  Other / Archival / Re: Have you ever make a donation with bitcoin? on: May 22, 2016, 07:51:41 PM
I will never do that, if someone is in need of money then I will pay him cash but I won't donate my bitcoin to anyone.
857  Bitcoin / Bitcoin Discussion / Re: Which Investment Type do you Prefer??? on: May 22, 2016, 07:49:14 PM
I am a hodler which you can also see as trading as I buy low to sell high at some point in the future.

The only difference is that I am hodling my coins for several years instead of a few weeks or months.

Holding for long term is really good if you want to earn good profits from it but investing in trading is also an good option to grow your coins.
858  Economy / Gambling discussion / Re: Gambling and Bitcoin? on: May 21, 2016, 11:24:31 AM
It is totally Ok to gamble with bitcoins if you know proper site and tricks of gambling. You should never invest your fiat to purchase bitcoins if you wish to gamble. There is high risk of loss. Try to earn bitcoins online and then gamble with them. At least this will not risk your real money.

That's true if you are earning bitcoin, then you can afford to gamble with it once in a blue moon, and who knows if luck favors you on that particular day then you can win it big.
859  Economy / Gambling discussion / Re: To Gamble or To Invest? on: May 21, 2016, 11:22:31 AM
Why not divide it. Keep the .5btc on your wallet and take a risk on .5btc on other ways on how to grow your bitcoin like gambling, trading, etc.

Yeah dividing the earned bitcoin and making investment is good if the plan is for future. For earnings at the short run its better to try gambling. Loss will always there in every earning, better is to plan well and make the move for good earning.
You cannot always make profits from gambling and its very risky too, its better to invest your money in other products where you can earn some profits at regular intervals.
860  Economy / Economics / Re: How too get rich on: May 21, 2016, 11:20:18 AM
- dedication
- learning from failure
- hard work

Your given requirements are the most important things to consider in able for you to get rich, if you don't have dedication you are not able to push yourself to work hard for your goals. And if you didn't experience failure how are you going to take importance for the things to come the worst.
And verily, without hard work your goals will not move forward.

Time has gone will never come back, so try to make best use of it, do not waste your time and invest it in working hard, just remember time is money.
Yes, considering the fact that time is priceless is a good basis for working hard and acting smart.

Exactly and you cannot afford to miss the opportunity that you are getting, as it might never knock your door in future, try to grab each and every opportunity you come across off.
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